Financial giants have made a conspicuous bullish move on Trump Media & Technology. Our analysis of options history for Trump Media & Technology DJT revealed 12 unusual trades.
Delving into the details, we found 50% of traders were bullish, while 50% showed bearish tendencies. Out of all the trades we spotted, 6 were puts, with a value of $365,350, and 6 were calls, valued at $502,990.
Expected Price Movements
After evaluating the trading volumes and Open Interest, it's evident that the major market movers are focusing on a price band between $10.0 and $80.0 for Trump Media & Technology, spanning the last three months.
Analyzing Volume & Open Interest
In terms of liquidity and interest, the mean open interest for Trump Media & Technology options trades today is 789.9 with a total volume of 1,595.00.
In the following chart, we are able to follow the development of volume and open interest of call and put options for Trump Media & Technology's big money trades within a strike price range of $10.0 to $80.0 over the last 30 days.
Trump Media & Technology 30-Day Option Volume & Interest Snapshot
Largest Options Trades Observed:
| Symbol | PUT/CALL | Trade Type | Sentiment | Exp. Date | Ask | Bid | Price | Strike Price | Total Trade Price | Open Interest | Volume |
|---|---|---|---|---|---|---|---|---|---|---|---|
| DJT | CALL | TRADE | BULLISH | 04/12/24 | $24.0 | $22.6 | $24.0 | $10.00 | $220.8K | 0 | 100 |
| DJT | PUT | TRADE | BULLISH | 05/03/24 | $15.9 | $15.3 | $15.3 | $45.00 | $134.6K | 137 | 2 |
| DJT | CALL | TRADE | BULLISH | 05/17/24 | $17.7 | $17.45 | $17.7 | $15.00 | $106.2K | 0 | 300 |
| DJT | CALL | TRADE | BULLISH | 05/17/24 | $4.75 | $3.95 | $4.5 | $35.00 | $90.0K | 2.4K | 3 |
| DJT | PUT | TRADE | BEARISH | 05/17/24 | $22.2 | $21.65 | $22.2 | $50.00 | $66.6K | 1.3K | 1 |
About Trump Media & Technology
Trump Media & Technology Group Corp is a media and technology company rooted in social media, digital streaming, information technology infrastructure, and more. Its initial product launch will focus on its social media platform, Truth Social, which encourages an open, free, and honest global conversation without discriminating against political ideology.
Having examined the options trading patterns of Trump Media & Technology, our attention now turns directly to the company. This shift allows us to delve into its present market position and performance
Present Market Standing of Trump Media & Technology
- With a volume of 875,986, the price of DJT is up 0.99% at $34.6.
- RSI indicators hint that the underlying stock is currently neutral between overbought and oversold.
- Next earnings are expected to be released in 22 days.
Options trading presents higher risks and potential rewards. Astute traders manage these risks by continually educating themselves, adapting their strategies, monitoring multiple indicators, and keeping a close eye on market movements. Stay informed about the latest Trump Media & Technology options trades with real-time alerts from Benzinga Pro.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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